Redis Labs Grows Revenue by 300 Percent and Continues Momentum into 2016

The company also added the creator of Redis and Redis Enterprise Cluster (RLEC) customers across several industries

Mountain View, January 26, 2016—Redis, the home of Redis, today announced explosive 2015 growth and reported a 300 percent year over year revenue increase. In addition to being named a leader in Gartner’s 2015 ODBMS Magic Quadrant, Redis also saw tremendous adoption by enterprise customers across several industries and named Mr. Salvatore Sanfilippo, the creator of Redis, as Open Source Development Lead of Redis.

Redis provides enterprise Redis, both as a service, Redis Cloud and as downloadable software, Redis Enterprise Cluster (RLEC). Redis Cloud provides a robust, always-on, Redis service that scales seamlessly without downtime or performance impact across four different IaaS clouds: Amazon Web Services, Microsoft Azure (NASDAQ:MSFT), Google Compute Engine (NASDAQ:GOOG) and IBM Softlayer (NYSE:IBM). RLEC is downloadable software that extends open source Redis with enterprise class high availability, real-time auto-failover, consistently stable high performance and automated linear scaling.

“2015 marked the year of Redis for the enterprise,” said Ofer Bengal, co-founder and CEO of Redis. “Redis continues to remain the preferred choice for developers. We are experiencing enormous momentum and skyrocketing demand from enterprises of all sizes. With organizations expecting high- performance and stability from their applications, we expect the interest in high performance in- memory databases such as Redis Enterprise Cluster (RLEC) to continue to accelerate in 2016.”

Highlights from the past year include:

About Redis

Data is the lifeline of every business, and Redis helps organizations reimagine how fast they can process, analyze, make predictions, and take action on the data they generate. Redis provides a competitive edge to any business by delivering open source and enterprise-grade data platforms to power applications that drive real-time experiences at any scale. Developers rely on Redis to build performance, scalability, reliability, and security into their applications.

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